Although not many people seemed to notice, Bitcoin was heavily integrated into various aspects of the online gambling industry in 2016. While there have always been bitcoin-specific gambling websites available, 2016 was the year when the traditional online gambling industry stated to adopt the digital cash system en masse.
Read More . . .It may take at least two more years before bitcoin becomes regulated in China.
Read More . . .IRS refuses to yield in Coinbase case, fires back at bitcoin customerThat was the firm answer given by the U.S. Internal Revenue Service (IRS) in connection with the motion filed by a bitcoin user who sought to block the tax agency from issuing a "John Doe" summons on the bitcoin wallet service, Forbes reported.
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Virtual currency, like bitcoin, is gaining mainstream acceptance, but New Yorkers still find it hard to buy, sell and convert the currency due to regulations that many bitcoin exchanges refuse to comply with.
Read More . . .A distributed denial of service (DDoS) attack has taken down another bitcoin exchange.
Read More . . .Remember when the U.S. Internal Revenue Service (IRS) started requiring a bitcoin wallet service to submit records of its digital currency transactions several weeks ago? Well, that push is finally receiving some push-back.
Read More . . .Popular digital currency bitcoin has already surged 75 percent over the course of 2016—but that's peanuts compared to 2017, when analysts expect the cryptocurrency to ramp up another 165 percent.
Read More . . .The U.S. Internal Revenue Service (IRS) has put bitcoin anonymous users under the microscope as they hunt down possible tax evaders.
Read More . . .Bitcoin is steadily gaining popularity in many parts of the globe, particularly in India. And the government's recent decision to demonetize two currency notes is helping speed up the popular digital currency's traction in the country.
Read More . . .Donald Trump and Hillary Clinton may be considered to be the least popular presidential candidates in the history of American politics, but that hasn't stopped punters from pouring in a record number of wagers into betting sites.
Read More . . .According to the Treasury Inspector General for Tax Administration (TIGTA), the agency isn't doing enough when it comes to addressing income streams produced via cryptocurrency, particularly bitcoin. This, in turn, creates a risk that taxable sales involving digital currencies may go undetected.
Read More . . .Bitcoin is soaring once again, thanks to President Donny.
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